Mr. Manometer writes "With little fan-fare, NIST proposed yesterday to withdraw the Federal Information Processing Standard (FIPS) for the Data Encryption Standard (DES) with a Federal Register notice (pdf). NIST is encouraging federal agencies to use the Advanced Encryption Standard (AES) instead since they feel that DES is 'now vulnerable to key exhaustion using massive parallel computations.' We all knew this day would come as computers got faster & cheaper... and this should put more pressure on folks to use stronger encryption techniques with is a good thing." Some would argue that DES has been insufficient for some time now.
http://slashdot.org/article.pl?sid=04/07/29/1537233